TNT DINAR UPDATE II 9-24-25

The Spaces reviewed the current status of the Iraqi dinar revaluation (RV), with Tony and Ray outlining why the process is paused and what windows remain for completion. Tony emphasized that nothing is expected mid-day and that recent UN General Assembly dynamics and the US denial of a visa to Iraqi PM Mohammed Shia’ al‑Sudani (spelled “Sadani” in the call) contributed to delays. A key precondition is one remaining oil company signing off on back‑pay terms to allow Baghdad–Kurdistan–Turkey oil flows to resume. Banks report they are trained, see rates on screens, and are ready, but they await the formal announcement from al‑Sudani/CBI. Possible windows discussed include: after the initial UN session, this weekend via an Iraq‑Thursday announcement with US banks moving into action Friday, and a backstop in the first week of October aligned to Iraq’s National Day (Oct 3). The call also covered exchange logistics (appointments, walk‑ins for small holders, opening accounts early), macro risk (USD weakness, inflation, CEO concerns), digital control trends (Vietnam biometric freezes; Iraq going cashless next year), and currency basket uncertainty (Venezuela noted). Q&A from Vivian, Walt, Bus Lady, and others focused on timing, prerequisites, and personal preparation.

TNT Twitter Spaces Recording Summary (Hump Day Wednesday)

Participants and Roles

• Tony (host; Speaker 2): Primary source of intel and synthesis. Shares updates from banks, government contacts, and “three-letter” agency listeners; offers opinions and strategy guidance.
• Ray (co-host; Speaker 1): Facilitates Q&A; adds brief confirmations.
• Callers:
  • “A Dare to Dream” (Speaker 3): Asked about the likelihood of all currencies going.
  • Vivian (Speaker 4): Asked about Vietnam’s digital ID and bank account freezes.
  • Walt (Speaker 5): Asked what must change for this to finally happen.
  • “Bus Lady” (Speaker 7): Queried timeline and “deletion of three zeros” articles.
  • Other names mentioned: Danny (connection issues), Charles Bullen, True Patriot, Randy/RG.

Core Topic: Status of the Iraq RV and Timing Windows

• Overall status:
  • Tony reiterated that “everything is done” in Iraq from a technical/legal perspective except for the public announcement by PM Mohammed Shia’ Al-Sudani (referred to as “Sadani”) and the Central Bank of Iraq (CBI) rate change.
  • Banks (U.S.) have been trained, see rates (including rates above Forex), and have been told to be ready; Tony says they were told Monday “it’s happening this week” and Wednesday morning “it’s live, full steam ahead,” though dependent on the Iraq-side announcement.
• Delays linked to UN General Assembly (UNGA):
  • Tony says the entire process is delayed until after UNGA due to remarks and actions at the UN that upset multiple countries, causing meetings and uncertainty.
  • He claims the U.S. denied Al-Sudani a visa to speak/announce at the UN (allegedly “to protect me; do it my way or no way”), linked to broader geopolitical tensions (including Iran-related issues).
• Timing windows discussed (multiple, contingent):
  • After UNGA session concludes: Tony thought the first session ran Sept 24–26/27; some say until the 29th.
  • This weekend: If Iraq announces on Thursday, banks could engage Friday, with public visibility by Sunday evening on Forex and public exchange potentially Monday morning (following a “announce in Iraq, 72-hours public” pattern Tony cites from bank sources).
  • First week of October (new “back wall”): Aligns with Iraq’s National Day (Flag Day) on Oct 3. Tony believes Iraq would want the new rate in place for national celebrations; also fits U.S. political timing (potential government shutdown period and executive latitude).

Dependency: Baghdad–Kurdistan Oil Flow and Outstanding Oil Company Sign-Offs

• Baghdad and Kurdistan have agreed; Turkey aligned; Iraq’s internal parties (Baghdad/Kurdistan) are no longer arguing.
• Issue: International oil companies owed billions (Tony repeatedly references “$3 billion”) have not fully signed off. Two companies remained; one signed yesterday; one still holding out until assured of back pay and method of payment (cash vs oil settlement was discussed).
• “48 hours” recurring headlines: Local outlets kept saying “oil flow in 48 hours” since last Friday; actual flow still not started due to the final company’s sign-off.
• Tony’s viewpoint: Al-Sudani will not announce until that final signature is secured so oil actually flows, avoiding embarrassment and ensuring implementation.

Contracts and Rate Clauses

• Contractors: Tony reports new contracts were signed at the old rate but with a clause that adjusts the contract if the rate changes—first time he’s seen such language.
• Implication: Institutional anticipation of a rate change, but waiting for official announcement.

Banking Operations and Customer Engagement

• Banks’ readiness: Banks have procedures and have trained on higher-than-Forex rates, per Tony.
• Preferred customer outreach: After Iraq’s announcement, banks may begin reaching out to preferred customers (emails/phone calls), followed by broader scheduling.
• 72-hour sequence Tony cites: Iraq announcement → 72 hours → public.
• Appointments:
  • If you don’t have an account with the bank you plan to use, Tony advises opening one now to avoid two separate appointments (account opening plus exchange).
  • Some branches will be drafted to participate even if they hadn’t planned to; not all exchanges require special “VAC” sites.
• “800 numbers”/bank card numbers: Tony warns calling now will just route to automated scheduling that may be invalid until “go” is actually authorized. When the official number is released, expect questions like which currency, how much, desired bank, and whether you need to open an account.
• Small holders: Tony says people holding “one dinar” (as asked) can walk in without appointment for a simple cash exchange (up to cash thresholds), based on what he’s been told.
• Bank affiliations: Regions Bank was cited as planning to do most currencies, including ZIM; Regions’ affiliation with Wells Fargo is not publicly acknowledged by front-line staff.

Geopolitical and Economic Context (Tony’s commentary)

• UN dynamics:
  • Tony says some countries were threatened by the U.S. over votes (e.g., recognizing Palestine as a state). They voted anyway, leading to more meetings and uncertainty.
  • He suggests these tensions contributed to the delay until after UNGA.
• U.S. domestic politics:
  • Tony references potential U.S. government shutdown at the end of the month, positing it as a window for executive actions to mobilize funds.
  • He mentions a meeting of 500 U.S. CEOs dissatisfied with current policy direction, while saying big tech (Zuckerberg, Bezos, Musk) controls platforms and public narrative.
• USD and inflation:
  • Tony claims the U.S. dollar has fallen ~13% over six months and could decline further amid tariffs, shifting alliances, and lost business.
  • He contrasts earlier hyperbolic claims about sudden 30% drops as unrealistic.
• Digital control risks:
  • Vietnam: Vivian asked about reports of mass bank account shutdowns over biometric ID compliance. Tony asserts funds were not confiscated; access was frozen pending compliance.
  • Tony warns about global digitization: Governments can freeze individual, regional, or state-level accounts; recommends maintaining cash. He adds a claim that cash will be illegal in Iraq next July.
• “Deletion of three zeros” (Iraq):
  • Tony states all steps described in recent articles are true and have already been done; Iraq has educated the public for over a year via TV, mosques, and media.

Currency Basket and “All Currencies” Speculation

• Tony says he was told “all the currencies are still going,” but admits he would be “totally shocked” if literally all go at once.
• He hints at Venezuela issues not visible in mainstream news.
• Strategy: Tony personally plans to hold all positions regardless of sequence—“greater later”—and encourages diversification.

Practical Guidance Discussed

• Pre-exchange preparation:
  • Open accounts now with your preferred bank to avoid delays.
  • Keep cash reserves; anticipate digital system control risks.
  • Review bank disclosures: Investments are not FDIC insured; only $250,000 standard coverage per account; consider additional private insurance, multiple accounts, and a comprehensive protection plan.
• Qualified investor thresholds:
  • Tony says he’s hearing a redefinition from “$10M in assets” to “$10M liquid” to qualify for the next basket’s opportunities. His opinionated advice: accumulate more U.S. dollars and more eligible currencies during delays to meet thresholds.
• Negotiation and tiers:
  • Tony cautions “nothing is guaranteed.” He has heard about tiered structures to simplify exchange; negotiating might be more on the yield/interest side than front-end rate in some scenarios, but always be ready to advocate for your position.

Q&A Highlights and Tony’s Responses

• Exchange in a different state (Bellamem): Allowed; if you already have an account, nothing special; otherwise, open an account at the target bank.
• Two-appointment concern (John Fission): If you don’t have an account, expect one appointment to open it and another to exchange; opening now can reduce friction.
• Vietnam biometric ID (Vivian): Access freeze for noncompliant accounts; not confiscation; relates to broader digitization and control.
• What must change to make this happen (Walt): Final oil company sign-off, clear back pay method/guarantee; then Al-Sudani announces; geopolitics (UN events, U.S. dynamics) must settle sufficiently for coordinated rollout.
• “Deletion of zeros” articles (Bus Lady): True, largely already implemented; current articles are reiterations of completed steps.
• Regions Bank and ZIM (Caller 6): Tony says Regions will do most currencies including ZIM; front-line staff may not confirm affiliations.

Tony’s Meta-Method and Caveats

• He distinguishes between relaying what sources say and his own synthesis/opinion.
• Notes a past guideline from “DC” that even with extensive intel, they might only have ~30% of the full picture historically; currently they “know 99%” of the RV process but the last 1% (personalities, egos, timing) still causes unpredictability.
• Emphasizes unpredictability: Plans change within hours; meetings at the UN and diplomatic reactions can shift timelines quickly.

Key Takeaways

• The process is described as “done” except for the final announcement and the last oil company sign-off.
• Timing windows exist: after UNGA, this weekend, or first week of October (aligned with Iraq’s National Day).
• Banks in the U.S. are prepared; outreach may begin as soon as Iraq announces.
• Geopolitical friction (UN votes, visa denial claims, Iran-related issues) is the immediate reason for delay.
• Practical steps: Open bank accounts early, keep cash reserves, consider insurance and diversification, and be prepared for appointment logistics.
• Tony insists there is no reason to be concerned about “if” it will happen—only “when.” He expects strong rates and says banks have trained for them.

Outstanding Dependencies and Risks

• Final oil company signature and back pay mechanism (cash vs oil; guarantee and method).
• Al-Sudani’s announcement coordination with CBI.
• UNGA fallout and allied reactions to alleged U.S. threats over votes (e.g., Palestine statehood); diplomatic meetings in the immediate aftermath.
• U.S. domestic political timing (possible government shutdown; executive actions window).

Closing Sentiment

• Tony: Closer every day; three incident-free days would have sufficed this week, but UN events intervened.
• Ray: “Keep believing.”
• Community sentiment: Earned a place at the table by enduring the long process; readiness is high among participants.